After the BOJ Decision, Some Yen Strength Persists; Tomorrow, US GDP Preliminary Estimate and ECB Meeting
After yesterday’s BOJ policy meeting, there was a moment when the yen’s strength eased in the overseas market. However, it couldn’t return to the pre-BOJ announcement levels of yen weakness. Today, Japanese government bond yields are rising again, and yen strength is once again exerting pressure. The Nikkei average is being pushed lower by selling […]
Yesterday, the Tokyo market was closed for Labor Thanksgiving Day, and the New York market was closed for Thanksgiving, leaving the dollar market without guidance from US Treasury yields.
Yesterday, the Tokyo market was closed for Labor Thanksgiving Day, and the New York market was closed for Thanksgiving, leaving the dollar market without guidance from US Treasury yields. It appeared that the recent market movements were mostly due to position adjustments. Today, US stock and bond markets resume trading, albeit with shortened sessions. With […]